BILL NUMBER: SB 426 INTRODUCED BILL TEXT INTRODUCED BY Senator Simitian FEBRUARY 17, 2005 An act to amend Section 26011.6 of the Public Resources Code, relating to energy. LEGISLATIVE COUNSEL'S DIGEST SB 426, as introduced, Simitian. California Alternative Energy and Advanced Transportation Financing Authority: renewable energy program. Existing law requires the California Alternative Energy and Advanced Transportation Financing Authority to establish a renewable energy program, and requires that emergency regulations adopted by the authority for the program be repeal 180 days after their effective date unless specified conditions are met. This bill would instead require that the emergency regulations be repealed 190 days after their effective date unless those specified conditions are met. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 26011.6 of the Public Resources Code is amended to read: 26011.6. (a) The authority shall establish a renewable energy program to provide financial assistance to public power entities, independent generators, utilities, or businesses manufacturing components or systems, or both, to generate new and renewable energy sources, develop clean and efficient distributed generation, and demonstrate the economic feasibility of new technologies, such as solar, photovoltaic, wind, and ultralow emission equipment. The authority shall give preference to utility-scale projects that can be rapidly deployed to provide a significant contribution as a renewable energy supply.(b) The authority shall make every effort to expedite the operation of renewable energy systems, and shall adopt regulations for purposes of this section and Section 26011.5 as emergency regulations in accordance with Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code. For purposes of that Chapter 3.5, including Section 11349.6 of the Government Code, the adoption of the regulations shall be considered by the Office of Administrative Law to be necessary for the immediate preservation of the public peace, health and safety, and general welfare. Notwithstanding the 120-day limitation specified in subdivision (e) of Section 11346.1 of the Government Code, the regulations shall be repealed180190 days after their effective date, unless the authority complies with Sections 11346.2 to 11347.3, inclusive, as provided in subdivision (e) of Section 11346.1 of the Government Code. (c) The authority shall consult with the State Energy Resources Conservation and Development Commission regarding the financing of projects to avoid duplication of other renewable energy projects. (d) The authority shall ensure that any financed project shall offer its power within California on a long-term contract basis.